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Cisco Snaps Up Jasper Technologies, Filling the Cellular Gap in IoT Stack

Proposed $1.4 Billion Acquisition to Allow Cisco to Complete its IoT Stack, Open Up Addressable Market

09-Feb-2016  /  Research Code: 9B06-00-0D-00-00  /  SKU: TE03499-EU-MR_17042  /  
Region: Europe

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Cisco has moved to snap up privately held Jasper Technologies with a proposed acquisition of $1.4 billion, which is believed to be as much as 20 times the company's annual revenue in 2015. Describing the move as a huge step forward for Cisco, Rowan Trollope, Senior Vice President Internet of Things (IoT), said the company would now be able to offer a more complete solution.

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Cisco Snaps Up Jasper Technologies, Filling the Cellular Gap in IoT StackCisco Snaps Up Jasper Technologies, Filling the Cellular Gap in IoT StackCisco Snaps Up Jasper Technologies, Filling the Cellular Gap in IoT Stack




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